Clean Energy, Fossil Fuels: Can Chevron (NYSE:CVX) Enjoy the Best of Both Worlds?
08 Septiembre 2022 - 12:14AM
TipRanks
Global oil and energy companies are being faced with the pressure
of ramping up their investments in clean energy projects to appease
their major shareholders and activist groups. However,
multinational oil and gas giant Chevron Corporation (NYSE:CVX)
knows how to play this game differently. Yes, the company is
slaying it! The oil giant boasts a solid balance sheet and is
expanding its footprint in both traditional and renewable energy
markets. Chevron Is Expanding in Both Markets Chevron seems to be
firing on all cylinders to exploit current market opportunities.
Its Permian Basin production is expected to grow by more than 15%
year-over-year in 2022.
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Chevron (NYSE:CVX)
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